SBA honors Trust Automation with small-business award
Ty and Trudie Safreno of Trust Automation have been honored with this year’s Central California Small Business Person of the Year Award. The U.S. Small Business Administration’s Fresno District Office selected the Safrenos for their company’s contribution to the region’s economy. The San Luis Obispo-based small business, which makes devices that control high-precision electric motors Read More →
Read More →Amgen teams up for Chinese joint venture
Thousand Oaks-based biotech giant Amgen has teamed up with a Chinese company for a joint venture to sell its colorectal cancer drug Vectibix there. Zhejiang Beta Pharma will be 51 percent owner of the the new firm, which will be known as Amgen-Beta Pharmaceuticals. The deal is still subject to approval from Chinese authorities. Amgen’s Read More →
Read More →Ventura College names new president
Greg Gillepsie is the new president of Ventura College. Gillepsie, who officially takes the top post at the school this summer pending final contract negotiations, has more than 19 years of experience in the community college system. He’s served as a faculty member, director, dean and vice president at four different community colleges in both Read More →
Read More →Health & Human Services director will keynote June summit
Herb K. Schultz, regional director of the U.S. Department of Health and Human Services, will keynote the Pacific Coast Business Times’ 2013 Champions in Health Care Summit. The event, which also celebrates the 2013 honorees in the Business Times’ Champions in Health Care special section, will take place June 21 at El Encanto in Santa Read More →
Read More →Active Life raises 500K
Active Life Scientific, a six-year-old medical device company that develops biopsy technology, has raised $500,000 in a round of financing, the Santa Barbara-based firm said May 16. The Series A round was filled by new and existing investors, and it included an investment by Tech Coast Angels, the largest angel investor network in the U.S. Read More →
Read More →FCAL merger with PacWest set to close May 31
Los Angeles-based PacWest Bancorp and Westlake Village-based First California Financial Group have received the go-ahead from federal banking regulators to finalize a $237 million merger. The deal, which will merge First California into PacWest and likely result in about a dozen overlapping branches being shuttered, is expected to close on May 31. The banks said Read More →
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